Elliott Wave Forex

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GBPUSD 28th February, 2012

by Nady Laymoud · February 28th, 2012 · GBPUSD 5 Day Analysis · No Comments

Today the pound moved towards the upside reaching and exceeding the specified target by 8 pips, but not before moving towards the downside indicating that wave iv orange unfolded as a double combination.

We have one count today and we will add an alternative count once the price action suggests an alternative count.


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